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Financial Statements SWCH Quote Switch Inc.

All | Income Statement | Balance Sheet | Cash Flow | Retained Earnings | PPE Schedule | Intangible and Goodwill Schedule
Income Statement
Year 20142015201620172018
Revenue 0 0 266 0 0
COGS 0 0 141 169 198
GrossProfit 0 0 125 150 180
Depreciation (included in COGS) 0 0 55 0 0
StockBasedCompe (included in COGS) 0 0 5 6 85
ResearchAndDeve 0 0 0 0 0
SalesGeneralAnd 0 0 45 98 161
OperatingIncome 0 0 80 51 19
InterestExpense 0 0 7 11 24
OtherIncome 0 0 1 -9 -5
IncomeBeforeTax 0 0 73 31 -10
ProvisionForInc 0 0 0 0 0
NetIncome 0 0 73 31 -15
Balance Sheet
Year 20142015201620172018
CashAndCashEqui 0 0 14 23 265
ShortTermInvest 0 0 0 0 0
Cash 0 0 14 0 0
AccountReceivab 0 0 8 0 0
Inventories 0 0 0 0 0
DeferredIncomeT 0 0 0 0 0
OtherCurrentAss 0 0 2 2 2
TotalCurrentAss 0 0 29 38 288
PPE 0 0 800 1,140 1,487
AccumulatedDepr 0 0 -201 -266 -353
NetPPE 0 0 598 874 1,134
EquityAndOtherI 0 0 10 0 0
Goodwill 0 0 0 0 0
IntangibleAsset 0 0 0 0 0
OtherLTAssets 0 0 10 9 13
TotalNonCurrent 0 0 619 883 1,147
TotalAssets 0 0 648 921 1,435
ShortTermDebt 0 0 9 14 5
AccountsPayable 0 0 15 0 0
TaxesPayable 0 0 0 0 0
AccruedLiabilit 0 0 6 0 0
DeferredRevenue 0 0 14 14 20
OtherCurrentLia 0 0 9 48 7
TotalCurrentLia 0 0 52 146 65
Debt 0 0 283 0 0
DeferredTaxesLi 0 0 0 0 0
DeferredRevenue 0 0 6 18 19
OtherLTLiabilit 0 0 2 2 0
TotalNonCurrent 0 0 311 497 1,261
TotalLiabilitie 0 0 363 643 1,326
CommonStock 0 0 285 279 0
AdditionalPaidI 0 0 0 0 107
RetainedEarning 0 0 0 0 2
AccumulatedOthe 0 0 -1 -1 0
TotalStockholde 0 0 285 278 109
TotalLiabilitie 0 0 648 921 1,435
Cash Flow Statement
Year 20142015201620172018
NetIncome 0 0 73 31 -15
Depreciation 0 0 55 0 0
DeferredIncomeT 0 0 0 0 -1
StockBasedCompe 0 0 5 6 85
AccountsReceiva 0 0 -4 -1 -6
InventoryCS 0 0 0 0 0
AccountsPayable 0 0 -1 1 5
OtherWorkingCap 0 0 -1 11 6
OtherNonCashIte 0 0 1 8 5
NetCashProvided 0 0 129 166 145
InvestmentsInPP 0 0 -190 -287 -403
AcquisitionsNet 0 0 0 0 0
PurchasesOfInve 0 0 -7 -2 0
SalesMaturities 0 0 0 0 0
PurchasesOfInta 0 0 0 -1 0
OtherInvestingA 0 0 0 -3 0
NetCashUsedForI 0 0 -196 -292 -402
DebtIssued 0 0 322 189 976
DebtRepayment 0 0 -224 -10 -855
CommonStockIssu 0 0 0 0 572
CommonStockRepu 0 0 0 0 0
DividendPaid 0 0 0 -28 -1
OtherFinancingA 0 0 -31 -16 -194
NetCashProvided 0 0 68 134 499
NetChangeInCash 0 0 1 9 242
CashAtBeginning 0 0 14 14 23
CashAtEndOfPeri 0 0 14 23 265
Retained Earnings
Year 20142015201620172018
RetainedEarning -----
NetIncome ----73
StockDividend -----73
DividendPaid -----
RetainedEarning -----
Property Plant and Equipment Schedule
Year 20142015201620172018
NetPPE -----
DeprAnnual 0----201
CapitalExpendit 0000191
NetPPE ----598
Intangible and Goodwill Schedule
Year 20142015201620172018
intAndGW 0----
Amortization 0---146
NewPurchases 0----146
intAndGW -----
Switch Inc. Class A income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Switch Inc. Class A FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.